DIMON: You can thank Trump for our stock price performance

JPMorgan CEO Jamie Dimon released his annual letter to shareholders on Tuesday, and seemed to give some of the credit for his bank's soaring stock price to the possibility of regulatory and policy shifts under President Donald Trump.

Dimon said that recent changes in attitudes from government towards business and regulation have helped boost JPMorgan's stock.

"Whether looking back over five years, 10 years or since the Bank One/JPMorgan Chase merger (approximately 12 years ago), our stock has significantly outperformed the Standard & Poor's (S&P) 500 and the S&P Financials Index. And this is during a time of unprecedented challenges for banks — both the Great Recession and the extraordinarily difficult legal, regulatory and political environments that followed. We have long contended that these factors explained why bank stock price/earnings ratios were appropriately depressed. And we believe the anticipated reversal of many negatives and the expectation of a more business-friendly environment, coupled with our sustained, strong business results, are among the reasons our stock price has done so well this past year."

Trump told a town hall meeting with various CEOs on Tuesday that he wants to give a "major haircut to Dodd-Frank."

Since the election, JPMorgan has seen its stock price jump 25%, and the financial sector has been one of the best performing industries following Trump's win.